PUTNAM MUNICIPAL OPPORTUNITIES TRUST
NSAR-B, EX-27, 2000-06-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Putnam Municipal Opportunities Trust
</LEGEND>
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A

<S>                             <C>
<PERIOD-TYPE>                   ANNUAL
<FISCAL-YEAR-END>                         APR-30-2000
<PERIOD-END>                              APR-30-2000
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<RECEIVABLES>                               7,439,644
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<OTHER-ITEMS-ASSETS>                                0
<TOTAL-ASSETS>                            326,382,207
<PAYABLE-FOR-SECURITIES>                    1,308,899
<SENIOR-LONG-TERM-DEBT>                             0
<OTHER-ITEMS-LIABILITIES>                   1,865,377
<TOTAL-LIABILITIES>                         3,174,276
<SENIOR-EQUITY>                           121,000,000
<PAID-IN-CAPITAL-COMMON>                  225,201,187
<SHARES-COMMON-STOCK>                      16,157,092
<SHARES-COMMON-PRIOR>                      16,157,092
<ACCUMULATED-NII-CURRENT>                     110,081
<OVERDISTRIBUTION-NII>                              0
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<OVERDISTRIBUTION-GAINS>                 (11,619,747)
<ACCUM-APPREC-OR-DEPREC>                 (11,483,590)
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<DIVIDEND-INCOME>                                   0
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<OTHER-INCOME>                                      0
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<REALIZED-GAINS-CURRENT>                  (2,495,329)
<APPREC-INCREASE-CURRENT>                (23,387,694)
<NET-CHANGE-FROM-OPS>                     (6,844,014)
<EQUALIZATION>                                      0
<DISTRIBUTIONS-OF-INCOME>                (19,073,587)
<DISTRIBUTIONS-OF-GAINS>                            0
<DISTRIBUTIONS-OTHER>                               0
<NUMBER-OF-SHARES-SOLD>                             0
<NUMBER-OF-SHARES-REDEEMED>                         0
<SHARES-REINVESTED>                                 0
<NET-CHANGE-IN-ASSETS>                   (25,917,601)
<ACCUMULATED-NII-PRIOR>                       141,277
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<OVERDIST-NET-GAINS-PRIOR>                (9,121,036)
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<GROSS-EXPENSE>                             3,062,143
<AVERAGE-NET-ASSETS>                      331,124,467
<PER-SHARE-NAV-BEGIN>                           14.11
<PER-SHARE-NII>                                  1.18
<PER-SHARE-GAIN-APPREC>                        (1.59)
<PER-SHARE-DIVIDEND>                           (1.19)
<PER-SHARE-DISTRIBUTIONS>                           0
<RETURNS-OF-CAPITAL>                                0
<PER-SHARE-NAV-END>                             12.51
<EXPENSE-RATIO>                                  1.46
[AVG-DEBT-OUTSTANDING]                              0
[AVG-DEBT-PER-SHARE]                                0


</TABLE>


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